Law and economics has become a central course in U.S. legal
education and for students majoring in topics like economics,
political science, and philosophy. Cooter and Ulen provide a clear
introduction to economic analysis and its application to legal
rules and institutions that is accessible to any student who has
taken principles of microeconomics. The book's structure is
flexible, beginning with an introductory overview of economic tools
followed by paired chapters in five core areas of law: property,
contracts, torts, legal process, and crime. Students leave the
course understanding how microeconomic theory can be used to
critically evaluate law and public policy.
General
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